Word: manhattanization
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...damage to the auctioneers' reputation could be equally severe. Their woes fall at a time when they seemed to be growing ever richer and more powerful. The art market had rebounded; sales were up. Both firms had invested in glossy and expensive new Manhattan headquarters. Sotheby's fortunes, particularly, were expansive, as it opened outlets in Amsterdam and Zurich and spent more than $40 million to make itself a presence on the Internet, including a partnership with Amazon.com Accordingly, Sotheby's has taken the greater fall. Its stock, which was at 47 last April, closed last Friday at 19.5, after...
...muster only brief marches through the Bronx neighborhood where the shooting occurred. One man raised his infant son in the air and pointed to the color of the child's skin. "Shoot him now!" But mostly it was momentary street theater; a demonstration the next day briefly tied up Manhattan traffic, but the shouting soon settled into foul, frustrated meditations on why so many bullets, why so little retribution. Still, the powers that be--or would be--watched warily and, for the most part, chose their words carefully...
...February, over burgers and beer at EJ's Luncheonette in Manhattan, Daniel Green was having the same conversation as the rest of us. The one that went...
...boards by The Wild Party, version B, with book, music and lyrics by less highly touted young composer Andrew Lippa (who contributed some bouncy new numbers to the recent Broadway revival of You're a Good Man, Charlie Brown). His show is being staged off-Broadway, at the Manhattan Theatre Club, but has been optioned by two Rent producers, who want to move it to Broadway. That could mean some confusing conversations with the Telecharge operator...
...once seemed impossible, but another giant has been toppled. In Syracuse, N.Y., the last survivor of the Bonwit Teller department store chain, whose flagship store once graced Fifth Avenue, officially went out of business Monday. It was more of a whimper than a thud. The chain's legendary Manhattan store, which had vaulted ceilings and was the first U.S. retailer to sell European clothing, closed its doors more than a decade a go - its site is now occupied by the gaudy Trump Tower and a Nike emporium - and the final store of the chain hadn't turned a profit...